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The new service sees the business become the first UK bank to use Open Banking to enable credit card holders to pay their balance.
The patent partnership announcement will provide banks with the infrastructure to play on both sides of the Open Banking ecosystem.
The latest cohort of members will bring the total number to 140 as FDX looks to transform the way in which consumer and business data is shared.
Fintech companies, among others, are encouraged to enter their innovative solutions for a chance to win up to £475,000.
The ELITE community includes over 1400 innovative small and medium sized companies from 45 countries, all of whom are committed to building on success and preparing for the next stage of growth.
The tender is worth £3 million and will go live in early 2021.
The agreement will enable Freetrade customers to fund their account with confidence and make timely investment decisions
Launching today the initiative is part of a campaign to lobby businesses across the financial services ecosystem.
The agreement will help businesses become more resilient by optimising their finances, including mitigating the risk of late payments.
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